Nissan's latest troubles are making headlines, and it's not just a minor bump in the road. According to Reuters sources, the automaker has slashes its output by a third at its top Japanese plant this month. The reason? A struggle with demand that has forced a significant reduction in the production of its Rogue crossover. Instead of the planned 20,000 units, Nissan will now export around 10,000 cars. The company has remained silent on the issue, but the report casts a shadow over recent announcements.
Are you ready to explore the latest financial turmoil hitting the automotive world? Nissan's recent announcement sent shockwaves through the industry, and we're here to break it down for you.
Have you ever wondered what it would be like if the world's largest electric vehicle manufacturer stumbled? Tesla, the pioneer of the EV revolution, reported its lowest profit margin in over five years, missing its earnings targets for four consecutive quarters. This decline is not just a minor setback; it's a wake-up call for the industry.